Saxo Bank Review, Rating and Comparison

Overview

Saxo Bank Trading Accounts

Rank
8.15/10
Based on 26 Reviews
Position in Rating
2
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (26) «Scam Alert» 0% (0)
Official Name
Saxo Bank
Headquarters
Saxo Bank A/S (Headquarters) Philip Heymans Allé 15 2900 Hellerup Denmark
Offices in
Cyprus, Greece, United States of America, Spain, France, Switzerland, United Arab Emirates, Italy, Netherlands, Portugal
Year founded
1992
Official Website
Official e-mail
Phone numbers
+4539774000
+30211181218
+3317894564

Saxo Bank provides Forex Broker's services since 1992. In 2001, after receiving the European license, company changed its name from Midas to Saxo Bank. This broker specialized in large investments on the international financial markets, and provides clients to trade with currencies, shares, CFDs, futures, options, metals and other. The main difference of Saxo Bank from other companies is that the company offers to traders the maximum confidentiality and reliability in the safety of funds, as well as high-speed order execution and control of online trading system.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.05
Min. Account Size, $:
10000
Max. Leverage
1:200
Spread:
2.0
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
Regulation:
ASIC, Banque de France, FCA, FSA
US Traders:
Demo Platforms:
Own platform
Account Currency:

USD, EUR

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Japanese, Chinese, Korean, Dutch
Support Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Japanese, Chinese, Korean
Support Methods:
Callback, Phone, Email
Trading Server Timezone:
GMT
VPS for Traders:
15 euro a month
Classic
Premium
Platinum​
Min. Position Size, lot:
0.01
Min. Account Size, $:
10000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

Saxo Bank Reviews

avatar
26 March, 2018

Cesil from Canada

8

I have used Saxo for almost a year now. The platform is very good and the support has been their when needed. Sometimes the spreads get a bit slack, especially during asian trading. I wish and hope i keep on enjoying trading forex with saxo bank.

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16 March, 2018

Shin Lenon from Belgium

8

They execute the transaction very qualitatively, the deviation is minimal, and there are almost no delays. In general, i satisfied with the terms of trade.

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02 March, 2018

Maddison from Argentina

8

I personally think that financing is good and very responsible company I personally advise this

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02 March, 2018

Joshua from China

8

This is the most reliable and large broker in the market, working with which is incredibly convenient and effective.

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01 March, 2018

HyukJoo from Korea, Democratic People's Republic Of

9

I will allocate the terminal Saxo Trader 2, you can work on it and dont know what delays mean, or even rejected applications.

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27 February, 2018

Christofer from Argentina

10

A quality and serious broker, invested here about a year ago, during this time, services have only improved, although I have no claims. Technical component at the highest level as well as the human factor. Any hitch is solved by support very quickly.

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26 February, 2018

Jane V from Canada

8

A good broker. I managed to earn $ 2,000 without taking into account the losses, but I understand that I could have done more if I had given my trading all the time. However, I did not hurry to do the main job, so I decided to use the PUMPs. This service is in all adequate companies and work without problems.

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22 February, 2018

Tigran from United Arab Emirates

8

One of the most reliable banks, but for this service you have to pay!

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22 February, 2018

Martinus from Portugal

7

Good afternoon. Always considered SAXO Bank a serious office that respects its customers.

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21 February, 2018

Franchesco from China

8

It's nice to work with them. The terminal works without failures, money always get on the next day, maximum in a day. Trading conditions favor earnings.

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